Savannah approves slight property tax reduction - KMSP-TV

Savannah approves slight property tax reduction

Posted: Updated:

SAVANNAH, Ga. (AP) - The Savannah City Council has approved a slight property tax decrease.

The Savannah Morning News reports (http://bit.ly/1exy5vO) that the decrease approved Thursday amounts to less than a half-percent reduction, but comes at a time when other area governments such as Chatham County have increased their tax rates.

Officials say the reduction from 12.50 to 12.48 mills is the "rollback" rate recommended by the state for offsetting increased values.

City Manager Stephanie Cutter said officials could afford the cut because the taxable value of property within the city increased by about 1.5% to $4.6 billion last year.

Information from: Savannah Morning News, http://www.savannahnow.com

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • More Money NewsMore>>

  • Tech Check: Cyber Monday

    Tech Check: Cyber Monday

    Sunday, August 17 2014 10:07 PM EDT2014-08-18 02:07:29 GMT
    The Monday after Black Friday is traditionally called Cyber Monday in the retail world. That is the busiest online shopping day of the year.
    The Monday after Black Friday is traditionally called Cyber Monday in the retail world. That is the busiest online shopping day of the year.
  • Tech Check: Back-to-school apps

    Tech Check: Back-to-school apps

    Sunday, August 17 2014 10:05 PM EDT2014-08-18 02:05:35 GMT
    A smartphone won't do your student's homework for them, but it might help.  In fact, there are a few apps that both students and parents might want to consider this school year.
    A smartphone won't do your student's homework for them, but it might help.  In fact, there are a few apps that both students and parents might want to consider this school year.
  • Tech Check: Tablet vs. Laptop for back-to-school

    Tech Check: Tablet vs. Laptop for back-to-school

    Sunday, August 17 2014 10:05 PM EDT2014-08-18 02:05:34 GMT
    It is a debate between what type of technology you need to get for your student. The question now, should you get a laptop or a tablet?
    It is a debate between what type of technology you need to get for your student. The question now, should you get a laptop or a tablet?
Powered by WorldNow

KMSP-TV
11358 Viking Drive
Eden Prairie, MN 55344

Phone: (952) 944-9999
Fax: (952) 942-0455

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices